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Marco Somalvico

Vice President M&A at e& (Etisalat Group) / Board member
23.4 yrs experienceTelecommunications
Nov 2023

The move

MoveEtisalat Group e&
TitleDirector and Head of Business Planning & Valuation, M&A Vice President M&A, Head of Telcos
LocationDubai Dubai
Career arcLong-term resident
Cross-border moveYes · Dubai United Arab Emirates
Years in UAE17.6
Total experience23.4 years
e& headcount10,001+ employees
e& industryTechnology, Information and Internet
e& HQAbu Dhabi
e& typePrivately Held

Career arc

  1. Vice President M&A, Head of TelcosNov 2023 — Present
    e&· Dubai, United Arab Emirates
  2. Vice President M&A, Head of BP and ValuationSep 2022 — Dec 2023
    e&· Dubai, United Arab Emirates· Full-time
  3. Board MemberSep 2020 — Present
    iMENA Group
  4. Senior Director and Head of Business Planning & Valuation, M&ANov 2017 — Oct 2022
    e&· Dubai, United Arab Emirates
  5. Director and Head of Business Planning & Valuation, M&AJan 2013 — Oct 2017
    Etisalat Group· Dubai
  6. Director, Business Planning & Valuation, M&AJan 2011 — Dec 2012
    Etisalat· Dubai, United Arab Emirates
  7. Manager, M&ASep 2008 — Dec 2010
    Etisalat· Abu Dhabi
  8. Officier - Equity Market Listing (IPO)Mar 2006 — Aug 2008
    Borsa Italiana
  9. Financial analyst (M&A)Jul 2002 — Feb 2006
    Telecom Italia S.p.A.

Education

Top skills

Business PlanningStrategyCompetitive AnalysisCorporate FinanceBusiness planMergers

About

Senior M&A/corporate finance professional, currently at e& (formerly known as Etisalat Group) leading the telcos and infrastructure vertical within the corporate M&A function, with strong focus in origination and execution of M&A transactions. Successful transactions include acquisition of a controlling stake in Maroc Telecom (EUR 4bn), sale of Atlantique Telecom (EUR 474m), merger between Etisalat and Hutchinson in Sri Lanka, acquisition of Help AG in the UAE (cybersecurity), acquisition of El Grocer (online grocery), merger of Etisalat's UAE data center portfolio with G42 data centres into Khazna and subsequent sale of e& stake for USD 2.2bn,, e&'s initial investment in Wio Bank (UAE digital bank), acquisition of a controlling stake in StarzPlay (leading SVOD player in the MENA region),

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